Looking to diversify beyond FSNOX? The mutual funds below have the lowest correlation with FSNOX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FSNOX.
Best Diversifiers for FSNOX
0 mutual funds have low correlation with FSNOX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Short-Term Bond Fund (FSHBX) (Total Bond Market) with a 1Y correlation of 0.38, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Short-Term Bond Fund | 0.38 | 0.34 | 0.32 | 59 | Total Bond Market | FSNOX vs FSHBX | |
| Fidelity Select Semiconductors Portfolio | 0.67 | 0.65 | 0.69 | 96 | Semiconductors, Technology Equities | FSNOX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.79 | 0.74 | 0.78 | 73 | Large Cap Growth Equities | FSNOX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.89 | 0.87 | 77 | Target Retirement Date | FSNOX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.85 | 0.86 | 0.88 | 81 | Target Retirement Date | FSNOX vs DRILX |
See all 68 diversifiers for FSNOX
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